ADB delegation calls on planning minister, assures support for development projectsÂ
ISLAMABAD:Â A delegation of Asian Development Bank (ADB) led by Central West Asian Department Director-General Werner Liepach called on the Minister for Planning,...
FDI increases to $233.8mn in FY2017-18
ISLAMABAD: Foreign Direct Investment (FDI) in Pakistan has increased to $233.8 million in the fiscal year of 2017-18 whereas, during 2010 to...
Petroleum division to approach NAB to investigate Pak-Qatar LNG deal
2nd LNG supply deal between Qatar and Pakistan highlights surprising terms and conditions for the buyer: sources
Appointment of FMU DG a herculean task as country faces FATF grey list challenge
ISLAMABAD: It could be a daunting task for the government to appoint the new Director General (DG) of Financial Management Unit (FMU),...
Pakistan only better than Myanmar, Bangladesh in ‘ease of doing business’
Ranks 147 out of 190 in the global list of ranked countries
Market Daily: Bears roar as PSX starts week in red
LAHORE: It wasn’t an ideal start to the week, but investors didn’t look surprised. Long hanging uncertainty over the country’s economic situation has...
Khaadi wins Hum 2018 ‘Retail Brand of the Year’ award
LAHORE: Khaadi, Pakistan’s premier fashion retail brand, won the prestigious ‘Retail Brand of the Year Award’ at this year’s HUM STYLE AWARDS...
Funds from possible IMF bailout won’t be utilized to repay Chinese debt: Report
China had exhibited flexibility in its negotiations with Pakistan regarding terms and conditions of loans obtained, said Pakistan’s General Consul in Hong Kong
SECP registers 1,101 new companies in Aug
ISLAMABAD: In August 2018 despite Eid holidays, the SECP registered 1,101 new companies – representing 17 percent growth over the corresponding month in the last fiscal, raising...
Pakistan inflation rate at 5.84 percent in August
On a month-on-month basis, prices increased 0.21 percent in August
China’s Xi offers another $60 billion to Africa
Chinese companies will be encouraged to invest no less than $10 billion in the continent in the next three years
Lira sell-off poses no risk to Turkey’s banks, Finance Minister Albayrak says
The lira’s 42 percent drop this year has driven up the cost of servicing that debt and investors fear banks could be hit by a wave of rising bad loans.
ADB approves $100 million loan to address water shortages in Balochistan
A separate $2 million technical assistance from JFPR will help Balochistan’s provincial government improve its institutional capacity to address the risks and potential impact of climate change in the agriculture sector,
Asian factories feel pinch from escalating trade conflict
China's vast manufacturing sector grew at the slowest pace in more than a year in August
TOKYO: Manufacturing activity in major Asian economies...
UAE bank adds Pakistan to ‘remit in 60 seconds’ service
Emirates Islamic says that its 60 second online fund transfer service QuickRemit is now available for remittances to Pakistan
Emirates Islamic has announced...